North Sea News

 

North Sea Energy Firms Look Beyond UK After Tax Squeeze

May 20, 2024

North Sea oil and gas producers are merging and shifting overseas as Britain's windfall tax slashes profits and as the opposition Labour Party threatens more tax if it wins the next general election.The change of strategy could accelerate the decline of domestic production…

Serica Energy Gets Go-Ahead to Develop Belinda Field

May 20, 2024

UK-based oil firm Serica Energy has received final approval from the North Sea Transition Authority (NSTA) to develop its fully owned and operated Belinda field in the North Sea.The field will be tied back to the Triton FPSO following the drilling…

EnBW Kicks Off Construction on Germany’s Largest North Sea Offshore Wind Farm

May 16, 2024

In the next few days, one of the world’s largest floating cranes from Heerema Marine Contractors, named Thialf, will install the first foundations at EnBW’s 960 MW offshore wind farm, being built in German North Sea.The He Dreih wind farm is…

Kent Gets FEED Contract for Hejre Project in the North Sea

May 15, 2024

Energy services firm Kent has secured a key Front-End Engineering Design (FEED) contract for INEOS' Hejre project.The Hejre project, an offshore High Pressure High Temperature (HPHT) development, is located in the Danish sector of the North Sea…

Equinor and Petoro Make Asset Swap Deal for Several Fields Offshore Norway

May 14, 2024

Energy firms Equinor and Petoro have entered into a value-neutral asset swap agreement for the Haltenbanken area, including the Heidrun and Tyrihans producing fields, offshore Norway.Equinor will increase its ownership in the Heidrun field and…

SubseaPartner Lands Diving Job at Vår Energi’s Fields Offshore Norway

May 13, 2024

Norwegian diving contractor SubseaPartner has secured offshore work at the Goliat and Balder fields on the Norwegian Continental Shelf (NCS) for Vår Energi.The contracts have been awarded by Vår Energi under the existing frame agreement for offshore contingency and diving intervention services…

AGR Gets Offshore CO2 Storage Job in North Sea

May 13, 2024

Altera Infrastructure has appointed AGR, part of ABL Group, to conduct an independent third-party storage evaluation of the Havstjerne CO2 storage license offshore Norway.In late March 2023, the Norwegian Ministry of Energy awarded Altera Infrastructure…

UK: North Sea Operators Propose $3.7B of Emissions Reduction Schemes

May 10, 2024

North Sea oil and gas operators could invest up to $3.7 billion in 14 major projects capable of cutting up to 32 million tonnes of lifetime CO2e emissions from their production activities, according to North Sea Transition Authority (NSTA).The…

Rosetti Marino Hooks $9.6M INEOS Deal for North Sea Gas Platform

May 09, 2024

Italian contractor Rosetti Marino has secured a contract with INEOS E&P for front end engineering design (FEED) for an offshore high pressure, high temperature (HP/HT) gas production platform offshore Denmark.The contract, worth approximately $9…

First Oil Flows from Eldfisk North Field Offshore Norway

May 08, 2024

Eldfisk North project, operated by ConocoPhillips at the Greater Ekofisk Area in the North Sea, has achieved first oil production.In December 2022, the Norwegian authorities approved the Eldfisk North Plan for Development and Operation with…

Vår Energi Sells Norne Assets to DNO and Increases Ringhorne East Stake

May 08, 2024

Norwegian oil and gas company Vår Energi has sold stakes in five oil and gas fields in the Norne area in the Norwegian Sea for $51 million to DNO Norge, which in turn will transfer its stake in the Ringhorne East unit to Vår Energi.The transaction…

TGS Launches Multi-Client Wind and Metocean Surveys Off Germany

May 07, 2024

Norwegian seismic firm TGS has started its latest multi-client wind measurement campaign using two LiDAR buoys offshore Germany in the North Sea.The buoys are equipped with a multitude of sensors, allowing detailed measurements of wind, metocean and environmental data…

Wood Scoops TotalEnergies’ Decarbonization Job in North Sea

May 06, 2024

Engineering consultancy Wood has secured a new decarbonization contract from TotalEnergies to support flare gas recovery in the North Sea.The 23-month contract, part of the Elgin-Franklin Flare Gas Recovery System Project, follows Wood's successful…

Tyra II: Reaching Full Technical Capacity Delayed as Equipment Repair Works Begin

May 06, 2024

The technical issue, which has temporarily impacted the commissioning of the facilities at Denmark’s largest offshore gas development, has been identified with repair works currently ongoing as the timeline for reaching Tyra II full technical capacity gets delayed for the third quarter of 2024…

NSTA Awards 31 More Licenses in Latest North Sea Oil and Gas Round

May 03, 2024

The North Sea Transition Authority (NSTA) has offered further 31 exploration licenses in the latest phase of the U.K.'s 33rd oil and gas licensing round.A total of 82 offers to 50 companies have now been made in the round which attracted 115 bids from 76 companies across 257 blocks and part-blocks…

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